NORMAL SITUATION

EX ARTE

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Company — Normal situation.

Financial year 2025 · Closed on 31/12/2025

Net result
31,7 k €
-91,3 %over 1 year
Gross margin
784,2 k €
-32,8 %over 1 year
Equity
298,4 k €
+23,9 %over 1 year
Workforce
3,0 ETP
-23,1 %over 1 year

Identity

Source · BCE/KBO

EX ARTE is a company registered in Belgium. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0890.469.601
Legal form
Public limited company
Contributed capital
703 108,58 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 14 financial years

20252023202220212020
Income statement
Gross margin784,2 k €1,2 M €1,2 M €1,4 M €1,7 M €
EBITDA443,4 k €789,8 k €881 k €968,9 k €858,5 k €
Operating result-11,7 k €365,1 k €361,9 k €414,5 k €218,7 k €
Net result31,7 k €362,5 k €342,2 k €393,4 k €165 k €
Balance sheet
Equity298,4 k €240,8 k €-121,7 k €-463,9 k €-857,2 k €
Total assets1,7 M €1,3 M €1,3 M €1,5 M €1,4 M €
Cash54,7 k €28 k €20,6 k €88,3 k €58,4 k €
Debts1 M €554,6 k €812,9 k €1,3 M €1,7 M €
Other
Workforce3,0 ETP3,9 ETP4,2 ETP5,8 ETP11,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 13 ended

Active mandates

AD ULTIMA INVEST

Managing director · since 20 juin 2025 · until 20 juin 2031 · 0879.143.662

Represented by Filip Bossuyt

Active

Ended mandates

AD ULTIMA INVEST

Managing director · since 21 juin 2019 · until 20 juin 2025 · 0879.143.662

Represented by BOSSUYT FILIP

Ended
AD ULTIMA INVEST

Managing director · since 21 juin 2019 · until 20 juin 2025 · 0879.143.662

Represented by Filip Bossuyt

Ended
QUERCUS ADVIES EN MANAGEMENT

Director · since 21 juin 2019 · until 30 octobre 2020 · 0479.969.856

Represented by Francis Callewaert

Ended
QUERCUS ADVIES EN MANAGEMENT

Director · since 21 juin 2019 · until 20 juin 2025 · 0479.969.856

Represented by CALLEWAERT FRANCIS

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202131/12/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months13 months
Filing date27/05/202616/05/202511/07/202423/06/202323/06/202223/06/2021
General meeting30/04/202630/04/202528/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/04/202627/05/2026DutchPDF
Abridged model31/12/202430/04/202516/05/2025DutchPDF
Abridged model31/12/202328/06/202411/07/2024DutchPDF
Abridged model31/12/202216/06/202323/06/2023DutchPDF
Abridged model31/12/202117/06/202223/06/2022DutchPDF
Abridged model31/12/202018/06/202123/06/2021DutchPDF
Abridged model30/12/201919/06/202014/07/2020DutchPDF
Abridged model30/12/201821/06/201918/07/2019DutchPDF
Abridged model30/12/201715/06/201813/07/2018DutchPDF
Full model30/12/201623/06/201717/07/2017DutchPDF
Full model30/12/201517/06/201613/07/2016DutchPDF
Full model30/12/201419/06/201516/07/2015DutchPDF
Full model30/12/201308/08/201421/08/2014DutchPDF
Full model31/12/201115/06/201210/07/2012DutchPDF
Full model31/12/201024/06/201125/10/2011DutchPDF
Abridged model31/05/200930/11/200916/12/2009DutchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 13 ended

Active mandates

AD ULTIMA INVEST

Managing director · since 20 juin 2025 · until 20 juin 2031 · 0879.143.662

Represented by Filip Bossuyt

Active

Ended mandates

AD ULTIMA INVEST

Managing director · since 21 juin 2019 · until 20 juin 2025 · 0879.143.662

Represented by BOSSUYT FILIP

Ended
AD ULTIMA INVEST

Managing director · since 21 juin 2019 · until 20 juin 2025 · 0879.143.662

Represented by Filip Bossuyt

Ended
QUERCUS ADVIES EN MANAGEMENT

Director · since 21 juin 2019 · until 30 octobre 2020 · 0479.969.856

Represented by Francis Callewaert

Ended
QUERCUS ADVIES EN MANAGEMENT

Director · since 21 juin 2019 · until 20 juin 2025 · 0479.969.856

Represented by CALLEWAERT FRANCIS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution02/03/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring22/12/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office24/10/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2025
    Annual accounts 202531,7 k €↓
  2. 2023
    Annual accounts 2023362,5 k €↑
  3. 2022
    Annual accounts 2022342,2 k €↓
  4. 2021
    Annual accounts 2021393,4 k €↑
  5. 2020
    Annual accounts 2020165 k €↑
  6. 2018
    Annual accounts 2018-75,1 k €↑
  7. 2017
    Annual accounts 2017-189,2 k €↑
  8. 2016
    Annual accounts 2016-256 k €↓
  9. 2015
    Annual accounts 201540,8 k €↓
  10. 2014
    Annual accounts 201448,6 k €↑
  11. 2013
    Annual accounts 2013-274,2 k €↓
  12. 2011
    Annual accounts 20119,3 k €↑
  13. 2010
    Annual accounts 2010-83,9 k €↑
  14. 2009
    Annual accounts 2009-132,6 k €